Realtor Shenanigans???
Okay, Okay I admit I'm probably more than a little bit aggravated right now....cause...
Our bid wasn't accepted....the sellers choose a different bid....
Does this seem fishy to you?
We bid on a house that has been on the market for like uh, 3 months, the price started at $819k, went to $799k and has been at $759k for over a month...with no bids that I am aware of.
We put in our bid and all of a sudden there are 2 other bids! Bids that we are led to believe are higher than ours...
Is it out of line to ask to see the other bids? To prove that they exist and to see if we can beat them? I don't think so. If its the Realtors job to get the most money for their clients and they are presented with this option, I'm pulling my bid or you can let me look at the other bids to see if I can/want to beat it. Wouldn't they then HAVE to show me the bids? Or is this just a total B.S. tactic to try to force us to increase the amount of our bid?
I am constantly hearing from Realtors that its a breach of their fiduciary responsibility to say or do this or its a breach of their 'ethics' to say that or do this..... Who all thinks ethics and Realtors go together like oil and water?
Fiduci-what-now?
First, I want all Realtors and readers to read what the actual definition of a fiduciary is. Its absolutely anathema to the concept of fiduciary responsibility to be paid by a commission based on how high a house sells for.... Well not exactly for the sellers Realtor.....but for the buyers...holy crap what an obvious conflict of interest...
Here's what I suggest 'buyers Realtors' do.
They get paid a straight fee for their services with a bonus based on how much lower than the asking price they can get the sellers to agree too. The bonus should also be based partly on time...find a house and get into contract less than the agreed upon time and get a bonus, take longer, and get a negative bonus. Now, THAT would have 'buyers Realtors' really working for the buyers.
What is this ethics thing I'm always hearing from Realtors?
Is there some nationwide Realtor ethics code they're all sworn to uphold? If there is, I bet its written by Realtors to protect only the Realtors....same with a 'code of conduct'. Every time I get the 'ethics' excuse its because a Realtor does not want to reveal a piece of information that they think will reflect badly on the house.....
Craig's List Shenanigans
In an attempt to get the word out and jump start what I'm fearing will be a lengthy sales process I posted what basically amounts to a coming soon add for our house in the Craig's List Realty for sale section.
Some douche-bag flagged it! This wasn't like 20 people who thought my add violated the CL terms of service its one person who went out of their way to have my post taken down....
How much you wanna bet it was a Realtor whom I've written about and who posts adds to CL all the time?
Okay Rant Over, I'm going to leave the CL add up just in case the 1st place offer falls through.
